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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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2629 Lake Avenue Altadena, CA 91001
$5,150,000 17 beds, 14 baths
12, 652 sqft
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15 OF 16 UNITS CURRENTLY VACANT AND RENT READY! We are pleased to present a rare investment opportunity in Altadena where the rebirth of the City has already begun. These two properties combined are 16 residential units with 15 vacant offering a fresh start slate for investors seeking immediate lease-up potential and long-term upside. The offering consists of two adjacent parcels, a 14-unit apartment property and a separate Duplex property, providing operational flexibility, owner-user potential and eliminating the requirement for an on-site manager. The property has been fully remediated following the Eaton Fire, presenting a fresh start with renewed confidence in the asset's condition. The properties benefit from new roofs within the past few years 14 INDIVIDUAL, ENCLOSED GARAGES, all of which are currently vacant offering further income potential or added tenant appeal in a competitive rental market. With strong fundamentals, minimal deferred maintenance, and significant lease-up opportunity, this Altadena property is ideally suited for investors looking to stabilize and maximize returns in what will be a premiere rental location. Two properties must be sold together because of shared driveway and lot configurations. Duplex address is 765 E. Pine St., Altadena, APN# 5841-030-005. Price includes both properties!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26779707
List price is $5,150,000
Beds: 17
Baths: 14
Built in 1949
12,652 sqft
0.43 acres
Lot size: 0.4338
County: Los Angeles
Zoning: LCR3YY
Appliances: Disposal
Parking description: Converted Garage,Driveway
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 604 - Altadena

Last Updated: 4/29/2026

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This listing belongs to the 604 - Altadena MLS area

Lat/Long: 34.191154, -118.131596.
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Listing Agent: Alexander Metaxas
Co Listing Agent: Benjamin J. Hsiang
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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